TRADE WARS - INDO DAILY

Panama Canal cancels limits on cargo size after rain

Aug 28, 2015 (AFP)

The Panama Canal is suspending plans to limit ships' cargo size in response to a drought, after recent rainfall increased water levels, officials said Friday. T...

Commodities recover ground after China-led rout

Aug 25, 2015 (AFP)

Prices of crude oil and most other commodities rebounded in Asia Tuesday but stayed under pressure following a global sell-off sparked by the faltering economy ...

Australia's Fortescue profits dive on slumping Chinese demand

Aug 24, 2015 (AFP)

Australian miner Fortescue Metals on Monday posted an 88 percent slump in full-year net profit on the back of tumbling prices for the steel-making commodity iro...

Australia moves to reduce legal challenges to mining projects

Aug 19, 2015 (AFP)

Australia plans to change the law to stop environmental groups from launching "endless legal sabotage" against developments, Prime Minister Tony Abbott said Wed...

Japan exports stumble on China slowdown

Aug 19, 2015 (AFP)

Japan's exports slowed in July, official data showed Wednesday, adding to concerns about the fragile recovery in the world's number three economy as demand fall...

Report on 'bruising' Amazon workplace sparks debate

Aug 17, 2015 (AFP)

Is online giant Amazon a bruising and uncaring workplace or a hub for innovation that pushes its employees to reach their potential? The question was hotly deba...

China considers merger of top shipping firms: report

Aug 10, 2015 (AFP)

China is mulling the merger of two of its largest shipping companies as part of a restructuring plan for state-owned enterprises (SOEs), according to a media re...

'Sharing economy' surge creates labor conundrum

Aug 09, 2015 (AFP)

They drive for Uber, deliver groceries for Instacart, run errands for TaskRabbit, and rent spare rooms on Airbnb. Are these the new, empowered participants in t...

China July exports, imports drop amid worry for economy

Aug 08, 2015 (AFP)

China's foreign trade performance worsened in July with both exports and imports falling on an annual basis, customs said on Saturday, spelling more worry for t...

British PM heads to Southeast Asia with trade, IS on agenda

Jul 27, 2015 (AFP)

British Prime Minister David Cameron begins a visit to Southeast Asia on Monday, looking to seal $1.2 billion in trade deals and push for greater cooperation in...

WTO strikes 'landmark' deal to cut tariffs on IT products

Jul 24, 2015 (AFP)

Major exporters of information technology on Friday agreed to cut global tariffs on more than 200 products, in the first such deal struck by the World Trade Org...

Wal-Mart buys remaining shares of Chinese firm Yihaodian

Jul 23, 2015 (AFP)

Wal-Mart Stores, Inc. announced it has acquired the remaining shares in e-commerce business Yihaodian, taking full ownership of the fast-growing Chinese company...

Maldives to allow foreigners to own land

Jul 23, 2015 (AFP)

Lawmakers in the Maldives have voted to allow foreign ownership of land for the first time, triggering concern over a possible landgrab by China in the strategi...

New $100 bn BRICS bank opens in China to challenge US-led lenders

Jul 21, 2015 (AFP)

A new $100 billion international bank dedicated to the emerging BRICS countries opened in China's commercial hub Shanghai on Tuesday, officials said, as an alte...

Gold price sinks to 5-year low

Jul 20, 2015 (AFP)

Gold slumped Monday to the lowest point in nearly five and a half years, weighed down by the strong dollar and reports of massive selling in China, dealers said...

China launches service to back Xi's Silk Road plan

Jul 16, 2015 (AFP)

China's state news agency on Thursday launched an information service on more than 60 Asian, African and European countries to support a multibillion dollar geo...

Google adding 'buy' buttons to mobile search ads

Jul 15, 2015 (AFP)

Google is looking to make it easier for people to shop while using its website, launching a trial run of a feature allowing smartphone users make online purchas...

Retail startup Jet.com set for takeoff next week

Jul 14, 2015 (AFP)

Jet.com, a well-funded US startup which aims to shake up online retailing with new ways to cut prices, is set for launch next week, its chief executive said. Ma...

Iron ore plunges as China rout hurts commodity markets

Jul 09, 2015 (AFP)

Iron ore prices plunged to six-year lows Thursday as contagion from China's stocks rout hurt commodity markets, with resource-heavy economies like Australia and...

Beijing names preferred chief for China-led bank

Jul 06, 2015 (AFP)

Beijing on Monday named a former vice minister of finance as its preferred candidate to head the China-led Asian Infrastructure Investment Bank (AIIB), a potent...